South Korean police arrest two suspects in a 22-bitcoin theft from evidence storage.

Odaily Planet Daily reports that on February 25, 2026, the Gyeonggi Northern Police Agency arrested two suspects accused of stealing 22 bitcoins from the evidence storage of the Gangnam Police Station. These bitcoins were originally seized in November 2021 during an investigation into the hacking of the A Coin Foundation. According to the investigation, the suspects were able to illegally transfer the assets via information and communication networks by exploiting mnemonic phrases, as the police at the time did not store the assets in an officially regulated hardware wallet but instead used a cold wallet provided by the foundation. The approximately $1.5 million worth of bitcoins has not yet been recovered. Additionally, the former officer in charge of the case was sentenced to 18 months in prison in August 2024 for accepting bribes from the foundation. (The Block)